Donaldson Company Inc reports results for the quarter ended in January - Earnings Summary

Donaldson

28/02/2024 21:54

* Donaldson Company Inc  DCI.N  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 75 cents.  The mean expectation of
six analysts for the quarter was for earnings of 74 cents per
share. Wall Street expected results to range from 71 cents to 76
cents per share.
    * Revenue rose 5.8% to $876.70 million from a year ago;
analysts
expected $873.60 million. 
    * Donaldson Company Inc's reported EPS for the quarter was
81
cents​.
    * The company reported quarterly net income of $98.7
million.
    * Donaldson Company Inc shares had risen by 2.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "hold"

Wall Street's median 12-month price target for Donaldson Company
Inc is $68.50 
This summary was machine generated from LSEG data February 28 at
09:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.74           0.81           Beat
 Oct. 31 2023      0.72           0.75           Beat
 Jul. 31 2023      0.78           0.78           Met
 Apr. 30 2023      0.74           0.76           Beat